Beijing flea market’s as smooth as its silk

BEIJING:
To any tourist in Beijing, an excursion to the famed Silk Market is mandatory
— its importance nearly matching that of the Great Wall, the Forbidden
City and Tiananmen Square. Such is the allure of Silk Market that it’s
recommended by almost everyone who’s been there and done that. And in case
you have never heard of [...]

‘One on One’ with jazz legends in Mumbai

MUMBAI:
The lineup for this year’s Black %26amp; White Vh1 Jazz Masters, in
association with The Economic Times, will sound like sweet music to the ears of
jazz fans in Mumbai and Delhi. Topping the list are virtuoso jazz
instrumentalists Earl Klugh and Bob James.
Mr Klugh is considered to
be one of the foremost acoustic guitarists in [...]

Low beta stocks will never let you down

When
the going gets tough, the tough get going…
The old adage appears more
than inspiring, given the current situation in the stock market. By any measure,
times are really tough for equity investors. After the free fall last Tuesday,
the benchmark indices lost within a week what it took them three months to gain.
Most of the stocks [...]

Stocks to buy Bharti Airtel Indiabulls Fin Services Bank of India HDFC Bank

Bharti
Airtel
Research:
HSBC
Rating:
Buy
CMP: Rs
915
Bharti Airtel is one of
HSBC’s preferred picks in the telecom sector because it believes the stock
offers low risk exposure to the domestic wireless sector at attractive
valuations. Bharti Airtel, with low operating and financial leverage, offers the
best earnings visibility vis-à-vis other domestic telecom companies and
trades at FY09E P/E of 18.6x.
[...]

Derivatives diary These are uncertain times

Last
week will stay etched in the memory of any active trader for a long time to
come. As equity markets tumbled across the world, India, too, took a hit, and
what a hit it was! With exchanges halting trade as a result of indices hitting
lower circuits, brokerages turning off their trading terminals and the finance
minister appealing [...]

‘HPCL looking at Eamp;P as a key growth driver’

C
Ramulu
HPCL
needs to earn a PAT of Rs 3,000 crore a year to fund its capex. Unless the
current level of under-recoveries reduces, achieving this target seems
challenging. C Ramulu, director, finance, HPCL, gives an insight into the
company’s growth
plans.
Currently, oil marketing
companies are incurring heavy losses due to under-recoveries. What is the ideal
solution to this problem?
[...]

Global indices go below their previous intermediate bottoms

There
was a major global selloff last week, with the Dow hitting a one-year low. The
decline was arrested when the US Federal Reserve apparently hit the panic button
by announcing a large 0.75% rate cut, a week ahead of
schedule.
The sharp and
unexpected cut spurred the markets to move up from Tuesday, and the rally has
been on [...]

66 stocks dropped over 50% in twoday market meltdown

While
the markets have seen reasonable recovery in the second half of this week, many
of the stocks saw a decline of as much as 50% in the two days of sell-off.
Among BSE 500 companies, as
many as 66 companies saw a decline of more than 50% from their 52 week high
whereas 24 stocks fell by [...]

Volatility at peak during 3day market crash

à
No returns
for issues with over 50-times QIB subscription
à
Mkt fall:
Many young investors lost money
à
Investors
needn’t foot MF issue bill
à
US Fed cuts
base rate by half-point to 3%
à
Damodaran
roots for retail investors
à
Reliance
Power premium takes a hit
à
Wockhardt IPO
price band at Rs 225-260
Apart from the panic
selling, significant [...]

Low beta stocks will never let you down

When
the going gets tough, the tough get going…
The old adage appears more
than inspiring, given the current situation in the stock market. By any measure,
times are really tough for equity investors. After the free fall last Tuesday,
the benchmark indices lost within a week what it took them three months to gain.
Most of the stocks [...]